Photo: Canada Beef

U.S. livestock: Live cattle continue higher

Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, seeing a continuation of Monday’s gains as values remain near record highs. The ongoing shutdown of the United States government will likely delay the publication of monthly cattle on feed data scheduled to come out on Friday. However, market expectations are for a […] Read more






  Photo: Thinkstock

Klassen: Feeder market extends rally

Reading Time: 2 minutes Western Canadian yearling prices traded back up to historical highs over the week ended Oct. 18, while calf markets made fresh highs at many locations. Western Canadian yearlings off grass traded $5-$10 higher on average compared to seven days earlier. Steer calves in the weight range of 550-825 pounds traded $8-$12/cwt higher on average while […] Read more


Photo: File

U.S. livestock: Live cattle correct higher

Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Monday, taking back some of Friday’s losses amid ideas the declines were overdone. Cattle futures posted limit-down losses on Friday following comments from United States President Donald Trump that he would lower beef prices. Trump also said over the weekend that beef purchases from […] Read more

Cattle on a feedlot. PHOTO: FILE

U.S. livestock: Cattle fall sharply as Trump says he’s working to lower beef costs

Reading Time: < 1 minute Chicago cattle futures fell sharply on Friday after U.S. President Donald Trump said his administration was working to lower the cost of beef. “We are working on beef, and I think we have a deal on beef,” Trump told reporters at the White House on Thursday. “No specifics were released on any plan, though the market is taking a […] Read more



Photo: Canada Beef

U.S. livestock: Cattle at fresh highs, hogs weaken

Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more